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(former)FormerSanDiegan
ParticipantI thought the article was a pretty thoughtless,like most in the U-T
ParticipantThe source for the prediction (FISERV) in the article predicted a 1.3% decline from April 2007 to April 2008, per the link below.
How did they do ?
The San Diego market declined by ~ 20% in the ensuing 12 months. The average decline PER MONTH was about equal to their precited annual decline.
They published their prediction on the cusp of the most precipitous 18-month decline in San Diego history and completely missed it … by more than an order of magnitude.Why should we put any weight on their current predictions ?
linky …
http://money.cnn.com/2007/04/09/real_estate/forecast.moneymag/index.htm
ParticipantThe source for the prediction (FISERV) in the article predicted a 1.3% decline from April 2007 to April 2008, per the link below.
How did they do ?
The San Diego market declined by ~ 20% in the ensuing 12 months. The average decline PER MONTH was about equal to their precited annual decline.
They published their prediction on the cusp of the most precipitous 18-month decline in San Diego history and completely missed it … by more than an order of magnitude.Why should we put any weight on their current predictions ?
linky …
http://money.cnn.com/2007/04/09/real_estate/forecast.moneymag/index.htm
ParticipantThe source for the prediction (FISERV) in the article predicted a 1.3% decline from April 2007 to April 2008, per the link below.
How did they do ?
The San Diego market declined by ~ 20% in the ensuing 12 months. The average decline PER MONTH was about equal to their precited annual decline.
They published their prediction on the cusp of the most precipitous 18-month decline in San Diego history and completely missed it … by more than an order of magnitude.Why should we put any weight on their current predictions ?
linky …
http://money.cnn.com/2007/04/09/real_estate/forecast.moneymag/index.htm
ParticipantThe source for the prediction (FISERV) in the article predicted a 1.3% decline from April 2007 to April 2008, per the link below.
How did they do ?
The San Diego market declined by ~ 20% in the ensuing 12 months. The average decline PER MONTH was about equal to their precited annual decline.
They published their prediction on the cusp of the most precipitous 18-month decline in San Diego history and completely missed it … by more than an order of magnitude.Why should we put any weight on their current predictions ?
linky …
http://money.cnn.com/2007/04/09/real_estate/forecast.moneymag/index.htm
ParticipantThe source for the prediction (FISERV) in the article predicted a 1.3% decline from April 2007 to April 2008, per the link below.
How did they do ?
The San Diego market declined by ~ 20% in the ensuing 12 months. The average decline PER MONTH was about equal to their precited annual decline.
They published their prediction on the cusp of the most precipitous 18-month decline in San Diego history and completely missed it … by more than an order of magnitude.Why should we put any weight on their current predictions ?
linky …
http://money.cnn.com/2007/04/09/real_estate/forecast.moneymag/index.htm
August 2, 2010 at 1:43 PM in reply to: OT: Hey, let’s play survivor. Who votes to have NewToSanDiego banned from this forum ? #585482ParticipantI don’t see any reason to ban people (other than for spam, criminal activity, or advertising).
It’s actually pretty easy to ignore people’s posts if you want to.
August 2, 2010 at 1:43 PM in reply to: OT: Hey, let’s play survivor. Who votes to have NewToSanDiego banned from this forum ? #585575ParticipantI don’t see any reason to ban people (other than for spam, criminal activity, or advertising).
It’s actually pretty easy to ignore people’s posts if you want to.
August 2, 2010 at 1:43 PM in reply to: OT: Hey, let’s play survivor. Who votes to have NewToSanDiego banned from this forum ? #586108ParticipantI don’t see any reason to ban people (other than for spam, criminal activity, or advertising).
It’s actually pretty easy to ignore people’s posts if you want to.
August 2, 2010 at 1:43 PM in reply to: OT: Hey, let’s play survivor. Who votes to have NewToSanDiego banned from this forum ? #586216ParticipantI don’t see any reason to ban people (other than for spam, criminal activity, or advertising).
It’s actually pretty easy to ignore people’s posts if you want to.
August 2, 2010 at 1:43 PM in reply to: OT: Hey, let’s play survivor. Who votes to have NewToSanDiego banned from this forum ? #586520ParticipantI don’t see any reason to ban people (other than for spam, criminal activity, or advertising).
It’s actually pretty easy to ignore people’s posts if you want to.
Participant[quote=NewtoSanDiego]
There’s too much group think on this site. I think that many people are convinced that renting is always the best solution. Depending on your stage in life and financial circumstances, renting may the best solution. Isn’t it a bit valuable to peer into the soul of a landlord? Some of you may call me slumlord. I want people to really look into the pros and especially cons of renting. There are also negatives of buying that all those who bought in 2005 can attest.
I do think that there a large number of landlords out there who negotiate on bad faith or sport, most don’t.
[quote]
There are plenty of us on this board who have given a landlord’s perspective from time to time without making an ass of ourselves.
Participant[quote=NewtoSanDiego]
There’s too much group think on this site. I think that many people are convinced that renting is always the best solution. Depending on your stage in life and financial circumstances, renting may the best solution. Isn’t it a bit valuable to peer into the soul of a landlord? Some of you may call me slumlord. I want people to really look into the pros and especially cons of renting. There are also negatives of buying that all those who bought in 2005 can attest.
I do think that there a large number of landlords out there who negotiate on bad faith or sport, most don’t.
[quote]
There are plenty of us on this board who have given a landlord’s perspective from time to time without making an ass of ourselves.
Participant[quote=NewtoSanDiego]
There’s too much group think on this site. I think that many people are convinced that renting is always the best solution. Depending on your stage in life and financial circumstances, renting may the best solution. Isn’t it a bit valuable to peer into the soul of a landlord? Some of you may call me slumlord. I want people to really look into the pros and especially cons of renting. There are also negatives of buying that all those who bought in 2005 can attest.
I do think that there a large number of landlords out there who negotiate on bad faith or sport, most don’t.
[quote]
There are plenty of us on this board who have given a landlord’s perspective from time to time without making an ass of ourselves.
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